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20121123
20121123
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of berkeley, california. a couple weeks they get $25 million cash grant from the federal government, senator dianne feinstein by a million dollar equity in the company. they get the $25 million federal government grant. few months after that, they have a public ipo. initial investors al gore and his business partners, see their investment go from $12 million to $80 million due to the ipo. >> sean: how much money are we talking about. to a person that is watching this program, how much of their money was given to these companies because they raised money for the election campaign? >> tens of billions of dollars. >> sean: how much is wasted? >> i think the overall amount has been wasted. there is a number of bankruptcies. they literally gave $1.6 billion to a company called bright source energy which is already $1.8 billion in debt. it lies money every year and we have poured this additional money into it. that company does not have a business model that works. the problem is, because these decisions are being made for political reasons, they really don't care. >> sean: you think it would be d
is standing outside a walmart in paramount, california. you were in the middle of the protests today. tell us what happened. >> reporter: this is a very large protest here, joe. there were at the height of this the l.a. county sheriff's department estimating about 1,000 protesters in or around this particular walmart. and this protest, it was loud, it was ruckus, it was the very opposite of what you might expect on a black friday shopping day here at a walmart. and that's the point. the employees who walked off the job joined by many supporters and labor say they want today make the point to management that they want to have a fair discussion about pay, about health care as well about the hours that they work. they chose black friday, a very potent day to make that point. here's what an employee as well as a shopper told us what they think. >> they say do this, do that. none of it works. this is the only way we can get our voice out there is speaking with the media, the public. >> just a matter that they have to, you know, do things right for the employees. >> doing things right for the emplo
Search Results 0 to 1 of about 2